SEBI gets time till August 14 by the Supreme Court to complete its investigation into the allegations made by US-based short seller firm Hindenburg Research against Adani group of companies on stock price manipulations
Supreme Court constitutes expert committee headed by retired Supreme Court judge Justice Abhay Mohan Sapre to review the regulatory mechanism and suggest ways to protect the Indian investors from incidents such as the Hindenburg-Adani issue in future
Taking in view the crashing of Indian stock markets following a report by the US-based short selling firm Hindenburg Research affecting the share prices of Adani group, the Supreme Court on Friday directed the Union Government and the Securities and Exchange Board of India (SEBI) to suggest ways for improving the regulatory mechanism for the protection of Indian investors